Rockford Parent & Boosterorganizations

Analysis

Rockford Parent & Boosterorganizations is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Rockford Parent & Boosterorganizations reported income of $888k and spending of $968k, spending 109% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $1.6m to $888k (-44%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 205%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rockford Parent & Boosterorganizations sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Center for Hope ($887k), Crpa Foundation ($888k) and Van Buren Youth Fair Assoc ($887k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 45% of the total. At year end it held assets of $555k against liabilities of $133k, net assets of $422k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.